"The AI boom has triggered widespread interest in AI adoption to optimize business processes and individual workflows. This demand has also been a catalyst for large-scale investments in AI infrastructure to support those goals, and a new Gartner forecast shows that momentum isn't slowing down anytime soon. The research firm published its latest AI spending forecast, which projects that in 2025, the market will reach $1.5 trillion, and by 2026, it will top $2 trillion."
"Much of this spending is also defined by the continuous expansion of AI into products, with GenAI smartphones being the biggest project spending category in 2026, over AI services. Also: Gartner says add AI agents ASAP - or else. Oh, and they're also overhyped "The forecast assumes continued investment in AI infrastructure expansion, as major hyperscalers continue to increase investments in data centers with AI-optimized hardware and GPUs to scale their services," said John-David Lovelock, distinguished VP analyst at Gartner."
Global AI spending is projected to reach $1.5 trillion in 2025 and top $2 trillion in 2026, more than double 2024 levels. Growth is driven by expansion of AI into products and services, with GenAI smartphones identified as the largest project spending category in 2026. Major hyperscalers are increasing investments in data centers equipped with AI-optimized hardware and GPUs, supporting infrastructure expansion. Demand for AI services, application software, and GenAI models is rising despite many adopters not yet realizing clear returns on investment. Continued investment momentum is expected as organizations pursue optimization of business processes and individual workflows.
Read at ZDNET
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